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sales tax

Indiana revenues fall short of budget plan in 2024 fiscal year by $136 million

Brandon Smith

That’s despite the fact that sales taxes exceeded expectations for the first time in nearly a year and a half.
Replacing income tax with sales tax hike would cost poor Hoosiers more, experts say

Witnesses from across ideological spectrum disagree on tax fixes.
State revenues starting to normalize, ending fiscal year with $3 billion in reserves

Brandon Smith

The state closed the books on its fiscal year Thursday with nearly $3 billion in reserves.